Which of the following statements about contingency planning is false?
A) Contingency planning occurs when planners decide the future will be identical to the past.
B) Contingency planning anticipates events that may occur in the future.
C) Contingency planning specifies different courses of action under different conditions.
D) Contingency planning focuses on early identification of possible shifts in future events.
E) Contingency planning contains trigger points that indicate when preselected alternative plans should be activated.
Correct Answer:
Verified
Q84: _ is the process of predicting what
Q89: Morrison Manufacturing (MM) creates a budget for
Q91: Qualitative forecasting uses _ to predict future
Q100: Maria, a marketing manager at Kurt Consulting,
Q102: Javier and his team of engineers have
Q118: A magazine publishes forecasts of industry conditions,
Q203: _ is a long-term version of contingency
Q204: Which of the following is a long-term
Q205: _ is a technique that makes use
Q211: Royal Dutch/Shell uses scenario planning to explore
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents